In the wake of the market’s recovery from the FTX collapse, a notable shift has occurred, pushing bitcoin into a high-risk regime, as indicated by the onchain analysis firm, Glassnode. The firm’s latest report notes that this regime typically signals a pivotal phase often preceding the onset of bull markets, where long-term investors begin to […]
Bitcoin Soars Past $45K as Market Eyes ETF Approval, Setting Stage for April’s Halving
The digital currency market has surged to a valuation of $ 1.74 trillion in the past 24 hours, with bitcoin climbing above the $ 45K threshold. Over the recent day, the market experienced a 4.65% increase in comparison to the U.S. dollar, and global trading volume saw a substantial 20% rise from Monday. …
Singapore High Court Mandates Hodlnaut Liquidation, Sets Stage for 17,000 Customer Reimbursements
In a dramatic culmination to a turbulent period for Hodlnaut, the Singapore High Court has ordered the crypto lender’s liquidation, tasked with the daunting goal of reimbursing its 17,000 customers. The judicial decree follows Hodlnaut’s entanglement with the fallout of Terra’s decline and the company’s subsequent $ 193 million deficit. Crypto Lender Hodlnaut …